Money talks

“I’ve had a very, very lucky life. Money’s never been my God. In my life it’s very much a sense of duty I feel to the heritage of this family and to its future. So financially I’m probably no better off than my parents. I’ve been given most of the things by my family that actually belong to me, and all I own are the clothes on my back.” Emma Manners, the Duchess of Rutland, quoted in The Sunday Times

“In 2012-2013, the idea of an Indian pop-up in a Soho pub was so unusual. People haggled and I had to lower my prices so low it covered only my ingredients and I made no money… When someone told Fay Maschler, the Evening Standard food critic, that she should try the food she did and wrote the most incredible review. The next day I had queues outside and became famous overnight.” Chef Asma Khan, quoted in The Telegraph

“When people try to develop outside of the core business, guess what, it doesn’t work very well… If we take a fast-moving consumer-goods business like Procter & Gamble or Unilever, which are big in household cleaning and personal-care products, they go: ‘It’s only a short step outside that into beauty.’ No, it’s not. It’s like Neil Armstrong’s giant leap for mankind.”

Terry Smith of asset manager Fundsmith, quoted in Shares magazine

“In my industry, you sell the sizzle and not the steak.The problem is with Bitcoin there is no steak, it’s all sizzle.”

Peter Schiff, CEO and chief global strategist of Euro Pacific Capital, quoted on Benzinga.com

“I pretty much lost all my money.Thankfully, I only put in what I could afford to lose [but] I won’t be investing in any kind of cryptocurrency ever again.” DJ Toby Anstis on his biggest mistake, quoted in The Mail on Sunday